December 2016

12/26/2016

If you have not read my book yet, Never Run Out of Cash: The 10 Cash Flow Rules You Can't Afford to Ignore, (maybe it's the thing that has been missing in your life) J, I'd like to make the electronic version of the book available to you for FREE.

My experience in business over the last twenty years has convinced me that the single biggest reason the small business failure rates are so incredibly high today is this one simple fact:

Most business owners don't really know what's going on with their most precious asset—their CASH.

Despite the fact that cash is the lifeblood of the business, the fuel that keeps the engine running, most business owners don't truly have a handle on the flow of cash into their business and the flow of cash out of their business. As a result, more businesses are failing today than ever before.

I have seen very experienced and seasoned business professionals make incredibly poor business decisions because their focus was on something other than their cash flow. Once they see their business through the lens of its true cash flow, their decisions are oftentimes 180 degrees different. Such a dramatic shift in decision making comes from finally seeing their cash flow in a way that is crystal clear and simple to understand.

In this book, I share with you a powerful and simple concept that will transform the way you manage your business from this point forward.

I show you how easy it is to take control of your cash flow. I share with you the principles and the tools that will put you back in control of your business.

Written in the Language of the Business Owner

I took my CPA hat off when writing this book. It is written in the language of the entrepreneur and business owner.

It's an easy-to-understand, "here's exactly how you do it" guide to help you better understand and manage the cash flow of your business.

FREE REPORT:A 3-Part Plan to Breathe Financial Life Back into Your Business.If you are an entrepreneur or business owner, this FREE GUIDE provides you a step-by-step, simple process for creating a financial future that is bigger and brighter than your past. Click here to get it FREE.

12/19/2016

I have amassed a library of over 600 of them (and adding to it every month – Amazon loves me)! I read books with a pen so I can underline and star information that strikes a chord with me. I write notes in there so that I can go back later and scan the parts I need to think more about or reflect on.

Here are some quotes about business and money that I enjoyed from a few of those books. I hope they spark an idea in your mind or just get you thinking more deeply about business and money.

"The function of a business is to create money, not consume it, and the longer you postpone this the harder it gets to fix."

"Bankers cannot make more than a few percentage points on the money loaned, but they can lose it all. That's why they're jumpy. They make more money by avoiding losses than by getting new clients. Help them relax by getting them familiar with your business."

"Receivables are viewed as nothing more than test market expenses until they are paid. There is no sale assumed, no customer satisfaction believed, and no commission paid until the money arrives."

"…Now, if we were to ask what are the two or three most important questions that a business plan or financial model should answer, somewhere in the top three would probably be how much money do you need and for what?"

"I have come to realize that managing the business by focusing on the growth drivers is a sound and understandable management approach and would help entrepreneurs to focus on what is important."

"All business relationships are built on trust. Since all of business involves money—from bankers, suppliers, vendors, shareholders, and investors—and the opinions of customers and clients, the most important single ingredients for success in business are trust and credibility."

"Your ultimate goal in business is to reach the point where you have enough money so that you never have to worry about money again."

"This means you have to be measuring your success by the amount of money you are able to take out of the business and put somewhere smart and safe, ideally in appreciating or income-generating assets."

FREE REPORT:A 3-Part Plan to Breathe Financial Life Back into Your Business. If you are an entrepreneur or business owner, this FREE GUIDE provides you a step-by-step, simple process for creating a financial future that is bigger and brighter than your past. Click here to get it FREE.

12/12/2016

Or worked on something for a while… then put it down and didn't work on it again for months?

Then picked it up again and said "You know what? This thing is looking really good. I'm going to finish this sucker!"

Well, that's what happened to me as I worked on, put aside, then picked up the book I have been writing about financial forecasting. It's one of my favorite topics in business. And now it's time to bring it to life and share it with business owners.

The New Book is Coming

The book is titled A Quick Start Guide to Financial Forecasting: Discover the Secret to Driving Growth, Profitability and Cash Flow Higher.

Quite a mouth full! J

The purpose of the book is to give you a straightforward, easy-to-implement guide to using one of the most powerful financial tools in business: a reliable financial forecast.

Creating the forward-looking view of financial performance is a surprisingly effective way to transform the financial future of your company. It will:

Help you drive growth, profitability and cash flow higher

Create confidence and clarity about where your business is going financially

Provide the roadmap for turning your vision and strategy for your business into a crystal clear view of what success should look like financially

Enhance confidence and credibility with lenders and investors so they provide the capital and support you need to grow your business

Help you make more courageous, confident, and profitable financial decisions

In short, a reliable financial forecast will help you win financially in business.

Can I Ask a Favor?

The hardcover ships in May 2017.

Would you like to get a sneak peak at the book (or parts of it anyway)?

I would love to provide you a sneak peak… but there is a catch.

I would love to ask you to write a short "blurb" about the book that I can include in the "Praise" section of the book or on the cover. If you are open to providing me a glowing blurb, I'd be happy to email you the working version of the first section of the book.

FREE REPORT:A 3-Part Plan to Breathe Financial Life Back into Your Business.If you are an entrepreneur or business owner, this FREE GUIDE provides you a step-by-step, simple process for creating a financial future that is bigger and brighter than your past. Click here to get it FREE.